scholarly journals Fiscal and other risks over the long term

2013 ◽  
Vol 9 (4) ◽  
Author(s):  
Simon Upton

After 13 years’ absence from any involvement in public life in New Zealand it has been a welcome challenge to re-immerse myself in issues with which I used to be familiar. I’d like to focus this article on why we should see the Treasury’s review of the government’s long-term fiscal outlook as an exercise in managing a wide range of risks under conditions of significant uncertainty; and how, from a political point of view, one might seek to stop the need for fiscal prudence sliding off the radar screen. 

1995 ◽  
Vol 2 (1) ◽  
pp. 77 ◽  
Author(s):  
John Ogden

The largely endemic flora of New Zealand is a remnant of the Cretaceous flora of Gondwana, supplemented by later additions from Australia and the tropics. Semi-natural plant communities cover about 50% of the country, and a scheme for the protection of supposedly representative areas is in place. Existing reserves do not adequately reflect the patterns of plant species diversity. Many are modified by introduced animals and alien plants. The latter are being actively introduced into New Zealand at the rate of c. 11 species per year. Measures of diversity are discussed and the broad pattern of (gamma) diversity and endemicity in the country is described. A comparison is made between (alpha) diversity levels in Beech Nothofagus solandri var. cliffortioidesand Kauri Agathis australisforest. Within each of these two forest types there are similar levels of alpha-diversity over a wide range of latitude. Altitudinal alpha-diversity trends indicate an average loss of 3.4 species per 100 m of altitude. This can be accounted for by the reduction of land surface area with increasing altitude on conical or ridge-shaped mountains. The altitudinal data emphasize the importance of the lowlands in the conservation of bio-diversity. The Holocene history of the forests in New Zealand suggests that the concept of "representativeness" is flawed: forest varies continuously in time and space. It may be possible to create some "living museums" of the past biota of New Zealand, but unless there are radical changes in our ability to eradicate animal pests and introduced plants, the composition of mainland forest reserves in the lowlands will change dramatically over the next few centuries. Conservation effort on saving endangered birds may have been at the expense of long-term "habitat" survival on the mainland.


2012 ◽  
Vol 11 (2) ◽  
pp. 145-169
Author(s):  
Elizabeth Kyoko Wada

Means of accommodation involve a wide range of social actors and agents, as well as different business models. Management strategies in this sector have been increasingly important for long-term sustainability and competitiveness of business organizations. This study aims to analyze the interactions between apart-hotels and their stakeholders to foster an improvement of services provided, aligning the interface of strategic management from the point of view of managers and their key stakeholders. It is an exploratory study, with qualitative chacter, along with multiple case studies of the following establishments: Travel Inn, Hotels Slaviero and Etoile george v. Brazilian enterprises, which manage lodging facilities with apart-hotel concepts, combining features that enable comparative analysis of the study. For conceptual understanding, this study was based on literature about stakeholders, taking the work of Freeman (1984) and Freeman et al (2010) as main references. The research was conducted through semi-structured interviews with managers of lodging facilities and their key stakeholders and through direct observation and documentation. We found that not all groups of influence are considered in the planning of service flats. However, the organizations surveyed indicated that the market has realized the importance of the groups that exert influence and are influenced by their goals, and are therefore increasingly alert for integration of such groups in their strategic planning.


2021 ◽  
Author(s):  
◽  
Carol Legge

<p>A brief encounter with the Maori people during April 1824, inspired Dumont d'Urville to write a novel set in New Zealand. This work is the first novel set in New Zealand and the first fictional treatment of the Maori people, written by someone who had had first hand experience of their country. Les Zélandais Histoire Australienne is a unique combination of fact and fiction and as such has a considerable contribution to make to the history and literature of the Pacific region and of New Zealand in particular. The work was never published and the reasons for this are discussed in the final chapter of the thesis. After an interval of more than one hundred and sixty years spent in obscurity, Les Zélandais Histoire Australienne emerges from this study as a valuable historical and literary document. We have described it as an ethnographic novel with ethno-historical notes. The work is comprised of two sections of equal size and importance. There is the novel and the accompanying notes which cover a wide range of subjects, reflecting Dumont d'Urville's wide ranging interests, including Pacific history, geography, languages and cultures. The Notes are a primary source of information, containing Dumont d'Urville's observations which reappeared in later publications. In addition, the vivid experiences of Burns the stowaway and ex-convict, are invaluable as early eye-witness accounts. This is the first complete transcription of the manuscripts. It was a major undertaking because of the length, age and condition of the manuscripts and the almost illegible handwriting. The exercise is discussed in Chapter I In the literary study, several writers admired by Dumont d'Urville, or by whom he was influenced, are discussed. In the first paragraph of the Story, Dumont d'Urville mentions in particular Fénelon, Florian and Rousseau. We have examined some aspects of their work which are relevant to Les Zélandais Histoire Australienne. There is, for example, a discussion on the opposing view points held by Rousseau and some of the French explorers with regard to the legend of the Noble Savage. In addition, we have chosen two works, Paul et Virginie by Bernardin de Saint Pierre and Atala by Chateaubriand, in order to consider Les Zélandais Histoire Australienne from the point of view of exoticism and poetic prose in French literature. This section concludes with an appreciation of the literary style of the novel, which contrasts with the style of Dumont d'Urville's later popular work, Voyage pittoresque autour du monde. The navigator had an abiding interest in the peoples of the South Pacific. Through les Zélandais Histoire Australienne, Dumont d'Urville communicates the enthusiasm with which he made his contribution to the study of mankind. Others before him had recorded ethnographic information but Dumont d'Urville's concern for the cultural predicament of the Maori people sets this explorer apart. The author of this work is a pioneer in modern anthropology.</p>


2013 ◽  
Vol 10 (4) ◽  
pp. 2683-2697 ◽  
Author(s):  
B. B. Stephens ◽  
G. W. Brailsford ◽  
A. J. Gomez ◽  
K. Riedel ◽  
S. E. Mikaloff Fletcher ◽  
...  

Abstract. We present an analysis of a 39-year record of continuous atmospheric CO2 observations made at Baring Head, New Zealand, filtered for steady background CO2 mole fractions during southerly wind conditions. We discuss relationships between variability in the filtered CO2 time series and regional to global carbon cycling. Baring Head is well situated to sample air that has been isolated from terrestrial influences over the Southern Ocean, and experiences extended episodes of strong southerly winds with low CO2 variability. The filtered Baring Head CO2 record reveals an average seasonal cycle with amplitude of 0.95 ppm that is 13% smaller and 3 weeks earlier in phase than that at the South Pole. Seasonal variations in a given year are sensitive to the timing and magnitude of the combined influences of Southern Ocean CO2 fluxes and terrestrial fluxes from both hemispheres. The amplitude of the seasonal cycle varies throughout the record, but we find no significant long-term seasonal changes with respect to the South Pole. Interannual variations in CO2 growth rate in the Baring Head record closely match the El Niño-Southern Oscillation, reflecting the global reach of CO2 mole fraction anomalies associated with this cycle. We use atmospheric transport model results to investigate contributions to seasonal and annual-mean components of the observed CO2 record. Long-term trends in mean gradients between Baring Head and other stations are predominately due to increases in Northern Hemisphere fossil-fuel burning and Southern Ocean CO2 uptake, for which there remains a wide range of future estimates. We find that the postulated recent reduction in the efficiency of Southern Ocean anthropogenic CO2 uptake, as a result of increased zonal winds, is too small to be detectable as significant differences in atmospheric CO2 between mid to high latitude Southern Hemisphere observing stations.


2012 ◽  
Vol 9 (10) ◽  
pp. 15237-15277 ◽  
Author(s):  
B. B. Stephens ◽  
G. W. Brailsford ◽  
A. J. Gomez ◽  
K. Riedel ◽  
S. E. Mikaloff Fletcher ◽  
...  

Abstract. We present an analysis of a 39-yr record of continuous atmospheric CO2 observations made at Baring Head, New Zealand, filtered for steady CO2 mole fractions during southerly wind conditions. We discuss relationships between variability in the filtered CO2 time series and regional to global carbon cycling. Baring Head is well situated to sample air that has been isolated from terrestrial influences over the Southern Ocean, and experiences extended periods of strong southerly winds with low CO2 variability. The filtered Baring Head CO2 record reveals an average seasonal cycle with amplitude of 0.95 ppm that is 13% smaller and 3 weeks earlier in phase than that at the South Pole. Seasonal variations in a given year are sensitive to the timing and magnitude of the combined influences of Southern Ocean CO2 fluxes and terrestrial fluxes from both hemispheres. The amplitude of the seasonal cycle varies throughout the record, but we find no significant long-term seasonal changes with respect to the South Pole. Interannual variations in CO2 growth rate in the Baring Head record closely match the El Niño/Southern Oscillation, reflecting the global reach of CO2 mole fraction anomalies associated with this cycle. We use atmospheric transport model results to investigate contributions to seasonal and annual-mean components of the observed CO2 record. Long-term trends in mean gradients between Baring Head and other stations are predominately due to increases in Northern-Hemisphere fossil-fuel burning and Southern Ocean CO2 uptake, for which there remains a wide range of future estimates. We find that the postulated recent reduction in the efficiency of Southern Ocean anthropogenic CO2 uptake as a result of increased zonal winds is too small to be detectable as significant differences in atmospheric CO2 between mid- to high-latitude Southern Hemisphere observing stations.


2021 ◽  
Author(s):  
◽  
Jessica Bennett

<p>Over the past decade there has been a major shift in the housing preferences of New Zealanders away from low density, suburban, stand-alone housing towards higher density, urban apartments. As more people experience this style of accommodation, liveability issues have become apparent. An international literature review has found a gap between the research-based academic knowledge and the expectations of prospective occupants as represented by the national, popular press. For occupants their crucial issues are readily assessable (e.g. spatial and visual design), but often these issues do not have direct or long term health effects. The academic literature minimises these issues while placing importance on health and liveability issues (e.g. thermal and acoustic environments). This thesis presents the development of an assessment methodology to enable prospective buyers/tenants to easily and quickly evaluate and compare apartment liveability over a wide range of indicators, not just those of immediate concern. The New Zealand Apartment Liveability Index [NZ ALI] considers over 100 factors that influence liveability in higher density housing and presents this information in a simple, easily understandable format. The indicators have been organised into a weighted hierarchal system divided into five main categories: Community; Configuration; Governance; Indoor Environmental Quality; and Quality. There are 332 components within the New Zealand Apartment Liveability Index and all are weighted in order to provide a simple Liveability Rating (single score) or Liveability Profile (performance profile). Six criteria were applied in the development of the New Zealand Apartment Liveability Index to ensure that it is fit for purpose. The development criteria considered relevancy to liveability, objectivity & practicality of assessments, accuracy of evaluations, and generality & user friendliness of the tool. The New Zealand Apartment Liveability Index is intended to provide the public with a simple, easy to use tool to help them make informed decisions when purchasing or leasing apartments. It will also be of value to regulatory agencies to help better understand the minimum liveability standards for apartments, as well as to designers and developers to help them better meet the needs of their current clients and future building users.</p>


2020 ◽  
Author(s):  
Djavlonbek Kadirov ◽  
C Raju ◽  
A Bardakcı ◽  
N Madak ◽  
M Saud Khan

© 2020, Emerald Publishing Limited. Purpose: Marketers of beauty products capitalize on consumers’ perception of beauty to enact a price placebo effect through setting high prices to insinuate a superior performing product. Yet, in the context of growing alternative beauty movements emphasizing inner beauty and self-acceptance, little is known on how the effect of price on a product’s perceived effectiveness and satisfaction is bounded by different modes of beauty conceptualization (BC). Hence, this study aims to investigate how distinct perceptions of beauty impact the effectiveness-based and satisfaction-based price placebo effects in Muslim-majority markets such as Turkey compared to markets largely driven by Western values such as New Zealand. Design/methodology/approach: This research is based on a quasi-experimental factorial design based on the manipulation of the level of price for a beauty product and the observation of the extent of BC. The sample included 144 participants from Turkey and 147 participants from New Zealand. Findings: This research finds that the manipulation of the price (low vs high) equally activates the effectiveness-centered price placebo effect in both countries. When expectations are taken into account, the (satisfaction-based) price placebo effect is non-existent in New Zealand, while in Turkey the higher price leads to an opposite effect: a significant decrease in satisfaction. It is also found that the effect of price on effectiveness is moderated by BC. In both countries, the price placebo effect is activated only when consumers narrowly conceptualize beauty, while this effect does not hold for broad conceptualizers. The effect of BC on the price placebo appears to be stronger in New Zealand in comparison to Turkey. Practical implications: Marketing managers’ awareness of different perceptions of beauty and how these may influence the price placebo effect in different cultures would allow them to decide what strategies are most appropriate for different groups of customers. For example, by pursuing the movement toward inner beauty and its broad conceptualization, high-end brands are likely to compromise opportunities to capitalize on the price placebo effect. On the other hand, this alternative perspective may cultivate profound satisfaction in the long-term. Social implications: The price placebo effect disappears when people conceptualize beauty from a broad (inner) perspective. This suggests that public policymakers, to counteract the negative effects of misleading marketing and to create fair exchanges, must promote broad BC in society. Originality/value: This study contributes to the body of the existing research on price placebo by offering unique insights into the boundary conditions of the price placebo effect underscored by BC in two distinct cultural-religious settings. Also, it proposes two different variations of price placebo, namely, effectiveness-centered vs satisfaction-centered. From a methodological point of view, it is the first project in the Islamic marketing discipline that applies the Islamic perspective on causality.


2020 ◽  
Author(s):  
Djavlonbek Kadirov ◽  
C Raju ◽  
A Bardakcı ◽  
N Madak ◽  
M Saud Khan

© 2020, Emerald Publishing Limited. Purpose: Marketers of beauty products capitalize on consumers’ perception of beauty to enact a price placebo effect through setting high prices to insinuate a superior performing product. Yet, in the context of growing alternative beauty movements emphasizing inner beauty and self-acceptance, little is known on how the effect of price on a product’s perceived effectiveness and satisfaction is bounded by different modes of beauty conceptualization (BC). Hence, this study aims to investigate how distinct perceptions of beauty impact the effectiveness-based and satisfaction-based price placebo effects in Muslim-majority markets such as Turkey compared to markets largely driven by Western values such as New Zealand. Design/methodology/approach: This research is based on a quasi-experimental factorial design based on the manipulation of the level of price for a beauty product and the observation of the extent of BC. The sample included 144 participants from Turkey and 147 participants from New Zealand. Findings: This research finds that the manipulation of the price (low vs high) equally activates the effectiveness-centered price placebo effect in both countries. When expectations are taken into account, the (satisfaction-based) price placebo effect is non-existent in New Zealand, while in Turkey the higher price leads to an opposite effect: a significant decrease in satisfaction. It is also found that the effect of price on effectiveness is moderated by BC. In both countries, the price placebo effect is activated only when consumers narrowly conceptualize beauty, while this effect does not hold for broad conceptualizers. The effect of BC on the price placebo appears to be stronger in New Zealand in comparison to Turkey. Practical implications: Marketing managers’ awareness of different perceptions of beauty and how these may influence the price placebo effect in different cultures would allow them to decide what strategies are most appropriate for different groups of customers. For example, by pursuing the movement toward inner beauty and its broad conceptualization, high-end brands are likely to compromise opportunities to capitalize on the price placebo effect. On the other hand, this alternative perspective may cultivate profound satisfaction in the long-term. Social implications: The price placebo effect disappears when people conceptualize beauty from a broad (inner) perspective. This suggests that public policymakers, to counteract the negative effects of misleading marketing and to create fair exchanges, must promote broad BC in society. Originality/value: This study contributes to the body of the existing research on price placebo by offering unique insights into the boundary conditions of the price placebo effect underscored by BC in two distinct cultural-religious settings. Also, it proposes two different variations of price placebo, namely, effectiveness-centered vs satisfaction-centered. From a methodological point of view, it is the first project in the Islamic marketing discipline that applies the Islamic perspective on causality.


1979 ◽  
Vol 27 (5) ◽  
pp. 617 ◽  
Author(s):  
DH Greer

Clone members of each of three altitudinal populations (910-1590 m) of two ecologically important snow tussocks (Chionochloa macra and C. rigida) reciprocally transplanted to four sites (10-1590 m) in 1960 were further subdivided and re-reciprocally transplanted to the same four sites in 1974 and their subsequent growth and flowering behaviour followed over two seasons. Interpopulation differences in stature and growth rates remained distinct after the 14-year intervening period, reinforcing earlier evidence for some genetic control of these characters. In contrast, the flowering of each population at each site had converged towards that of the resident plants, which indicated some adjustment to the critical threshold temperature for flowering. Interpopulation differences in flowering behaviour could not, therefore, be strictly controlled genetically as had been previously assumed. No interpopulation differences emerged as a result of 14 years of preconditioning in diverse environments. Furthermore, the preconditioning had a negligible effect on the subsequent perfor- mance of each population in a wide range of temperature environments. Distinct differences in growth rates between a lowland coastal population of C. rigida and its alpine counterparts appear adaptive, suggesting differentiation of a lowland ecotype. The high degree of physiological plasticity inherent in all populations of snow tussock studied may have its origin in the climatically diverse post-Pleistocene period when genotypes with maximum flexibility may have been selected preferentially. Since then, probably as a result of expansion of snow tussock grasslands within the last millenium, local adaptive variants have evolved.


2020 ◽  
Vol 52 (10) ◽  
pp. 1673-1693
Author(s):  
Joonho Suh ◽  
Yun-Sil Lee

Abstract Growth differentiation factor 11 (GDF11) and myostatin (MSTN) are closely related TGFβ family members that are often believed to serve similar functions due to their high homology. However, genetic studies in animals provide clear evidence that they perform distinct roles. While the loss of Mstn leads to hypermuscularity, the deletion of Gdf11 results in abnormal skeletal patterning and organ development. The perinatal lethality of Gdf11-null mice, which contrasts with the long-term viability of Mstn-null mice, has led most research to focus on utilizing recombinant GDF11 proteins to investigate the postnatal functions of GDF11. However, the reported outcomes of the exogenous application of recombinant GDF11 proteins are controversial partly because of the different sources and qualities of recombinant GDF11 used and because recombinant GDF11 and MSTN proteins are nearly indistinguishable due to their similar structural and biochemical properties. Here, we analyze the similarities and differences between GDF11 and MSTN from an evolutionary point of view and summarize the current understanding of the biological processing, signaling, and physiological functions of GDF11 and MSTN. Finally, we discuss the potential use of recombinant GDF11 as a therapeutic option for a wide range of medical conditions and the possible adverse effects of GDF11 inhibition mediated by MSTN inhibitors.


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